Jur AG (“Jur“) publishes quarterly Jur Market Reports providing regular updates on the state of the market. This includes partnerships, institutional strategies, and relevant JUR token-related announcements.
Jur, being a responsible stakeholder and a JUR token holder, chooses to be transparent about its token management to keep the community and other contributors informed.
The current report covers Q2 ‘22 (April 2022 – June 2022).
Market reports are published within 10 days of the end of the quarter in review to accommodate events that happened in the last days of the quarter.
Q2 2022 Highlights
Jur began the quarter by releasing a new website outlining the plan to build the tools to allow citizens to create the Network State. The team followed up with a Lightpaper offering further details.
In May, the team finished the development of the Pre-Constitutional NFT Passport and brought on the first Jur citizen, visionary investor Tim Draper. Over 2,500 citizens have now joined the movement to develop a better jurisdiction.
In June the first Working Group launched and began work on drafting a flexible contract for NFT license agreement.
The team ended the quarter on another high note with a coveted presentation slot on the Berlin stage of the prestigious annual Polkadot Decoded conference where Ale delivered a lightning pitch on “A Native Jurisdiction for a Trusted Web3”.
Private contributors
In the past quarters Jur has issued JUR Tokens as per the policy described in Jur Market Report #0.
Jur did not distribute any tokens in Q2 ‘22.
Jur has negotiated with remaining private contributors to postpone token distribution in a common effort to improve liquidity in the secondary market and support the future project’s growth.
Company Reserve
Despite the statement contained in Jur Market Report #0, Jur has not yet defined a detailed plan of usage for tokens contained in the Company Reserve wallet. Until further notice, these funds are locked up indefinitely.
Expenditure Report
In the past quarter, Jur did not use JUR tokens to sustain its operations, nor were any transfers of $JUR made to private investors.
Jur Wallets
To provide direct accountability over the established vesting period, Jur publicly shares information about its wallets.
| Type | Initial Supply | Old Balance | Current Balance | Address |
| IEO | 10% | 100,000,000 | 0 | Transactions IDs: 0x5f849b62ffdd2b3beea298f4e1c0dc38974b1c9aab20d00afa3dd306d0217401 0x73e8ff2ac4a9df0e27a5948e0f7145e687870c9522bef152f59dc4cb987456fd |
| Private Contributors | 10% | 18,763,774.10 | 18,763,774.10 | 0xc01b26cd4b9525ad1b67a54fad53a8bff91ae01d |
| Team, Scientific Committee and Advisors | 10% | 100,000,000 | 100,000,000 | 0xf346f1ab880d5b2cd0333bf69c280a732fa4a1c4 |
| Company Reserve | 20% | 200,000,000 | 200,000,000 | 0x5d7fe18beff1c4f16115cb8cfcd87442a89d9278 |
| Business Development, Tech & Operations | 50% | 417,904,133.72 | 417,904,133.72 | 0x747fa3858456f3978cc747ca4290111b933986d5 |
Recent Highlights
Here are the highlights from the past quarter.
- Launch of the Jur Network State Pre-Constitutional Citizenship program with over 2,500 citizens enrolled who have received a free NFT passport. Tim Draper became Citizen #001. Jur integrated MetaMask authentication in the dApp and is using Moonbeam’s blockchain on a Polkadot parachain for our smart contracts.
- Release of the Lightpaper that detailed Jur’s strategy for building the Network State on Polkadot.
- The first Jur Working Group begins developing a standardised contract for NFT License Agreement, led by Coordinator Alessio Balbo.
- Jur presents a lightning pitch – “A Native Jurisdiction for a Trusted Web3″ at Polkadot Decoded in Berlin.
